World - Crude Palm Oil - Market Analysis, Forecast, Size, Trends And Insights
Indonesia Reduced Its Exports of Palm Oil by 10% to $15.8B
Despite some recent negative dynamics, Indonesia continued to lead the way in the global palm oil trade. In 2013, Indonesia exported X million tonnes of palm oil totaling X billion USD, X% under the previous year. Its primary trading partner was India, where it supplied X% of its total palm oil exports in value terms, accounting for X% of India's total imports.
Overall, the global palm oil trade dropped to X billion USD, with a CAGR of X% from 2007 to 2013. In physical terms, it showed steady growth, rising from X million tonnes in 2007 to X million tonnes in 2013.
In 2013, India (X%), China (X%), the Netherlands (X%) and Pakistan (X%) were the leading destinations of palm oil imports, together making up X% of global imports. The share of India increased significantly (+X percentage points), while the share of China illustrated negative dynamics (-X percentage points).
Indonesia and Malaysia were the main global suppliers of palm oil in 2013, with a combined share of X% of global exports. However, the fastest growing exporters from 2007 to 2013 were Guatemala (+X% per year) and Germany (+X% per year). Indonesia strengthened its position in the global export structure, from X% in 2007 to X% in 2013.
Source: IndexBox AI Platform
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